amazon quiz 1

After Alibaba, which is considered the biggest Chinese B2B marketplace?

• Walmart

• tiktok shop

• Global Sources

• Made-in-China.com

What does “Verified Supplier” mean on Alibaba?

• A supplier that offers free shipping

• A supplier with the lowest prices on the platform

• A supplier whose business and production capabilities have been inspected and confirmed by a third party

• A supplier that only sells branded products

DDP stands for ?

• day duty paid

• down duty payment

• discount duty payment

• delivered duty paid

Why is it recommended to target products with an average rating above 4.2 when hunting for opportunities on Amazon?

• It indicates low competition in the niche

• It means the product is overpriced

• It shows high customer satisfaction and demand, making it easier to compete

• It suggests the product has few reviews

Why should you be cautious about seasonality when choosing a product to sell on Amazon?

• Seasonal products have consistent demand all year

• Seasonal products are always lightweight and easy to ship

• Seasonal products have no competition

• Seasonal products may only sell well during specific times, leaving inventory unsold otherwise

What does "value addition" mean in the context of selling on Amazon?

• Increasing the shipping cost of a product

• Enhancing a product with unique features or branding to stand out from competitors

• Reducing the price to match competitors

• Selling a product without any changes from the supplier

What is the primary purpose of Amazon's FBA (Fulfillment by Amazon) service?

• To increase product prices

• To limit seller competition

• To handle storage, packing, and shipping for sellers

• To provide customer service for all sellers

Which type of product should you avoid when initially launching on Amazon?

• Lightweight products with high demand

• Heavy, bulky products with high shipping and storage costs

• Products with low competition and steady sales

• Small items with good profit margins

What is a common sign of brand domination on Amazon?

• Multiple sellers offering the same unbranded product

• A single brand consistently ranking high with many reviews and strong customer loyalty

• Low search volume for a product category

• Products with no customer feedback

When analyzing competing products on Amazon, what is a sign of a highly saturated niche?

• Few sellers with low revenue

• No customer reviews and low competition

• No customer reviews and low competition

• Many sellers with high review counts and strong sales